Insurance
We support insurance companies, reinsurers and insurance intermediaries. The industry has been through a regulatory reset under the supervision of the National Bank of Ukraine: new solvency and corporate governance requirements under the Law on Insurance, insurance products and rules, insurance disputes and the insurance of war risks.
Why PROCTOR
The new Law on Insurance has changed the rules of the game for the whole market, from capital requirements to the distance selling of policies. PROCTOR helps insurers bring their activities into line with the requirements of the National Bank of Ukraine, develops insurance products and defends companies in disputes over payouts, subrogation and reinsurance.
A separate focus is the insurance of war and political risks: we structure programmes involving export credit agencies and international guarantee mechanisms.
Lines of work
- Licensing and solvency requirementsBringing activities into line with the new Law on Insurance, capital requirements, early intervention tests.
- Insurance products and rulesDrafting insurance rules, blanket approvals, distance selling of policies, bancassurance.
- Insurance disputesDisputes over payouts between insurers and policyholders, subrogation, recourse claims, reinsurance disputes.
- War risksStructuring the insurance of war and political risks, engagement with export credit agencies and international investment guarantee programmes.
Practices for the industry
The teams of PROCTOR that run matters in this sector.
Banking and finance lawA practice for financial institutions and for businesses that raise finance: credit and security documentation, regulatory compliance with the National Bank of Ukraine, fintech and currency regulation. Positioned on the side of lenders and of the financial sector.
Corporate law and M&AThe flagship transactional practice: the legal foundation for owning, running and selling a business. It covers M&A deals, corporate structuring and the protection of owners' interests, together with adjacent areas - employment relations with staff and senior management, and the personal wealth matters of business owners (private clients).
Dispute resolution and enforcementThe full cycle of protecting a client's interests in a dispute: national courts of every jurisdiction and instance, international commercial and investment arbitration and, above all, turning a judgment won into money actually recovered.
Tax practiceA standalone practice with the strongest lead generation potential: protecting a business from additional tax assessments, blocked tax invoices and pressure from the tax authorities, together with the lawful optimisation of the tax burden.
Clients from the industry
